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BRIEF-Co-op Bank, Capita revise terms over provision of mortgage administration services
February 13, 2017 / 7:08 AM / 7 months ago

BRIEF-Co-op Bank, Capita revise terms over provision of mortgage administration services

Feb 13 (Reuters) - Co-operative Bank Plc:

* Capita mortgage outsourcing programme

* Capita Plc and Co-operative Bank Plc confirm that they have resolved all aspects of their existing contractual dispute

* Have agreed revised terms relating to provision of mortgage administration services

* Existing systems will continue to be utilised with transformation activity not being progressed

* Terms of revised contract do not impact bank’s current capital guidance Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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